1)Rent
2)Sold in Dec. ’04 (Closed Feb ’05)
3)Before the peak. Actually between peaks in ’04 and ’05. Similar homes in CV might’ve gotten 3-4% more later in ’05 or earlier in ’04. I’m not sure what the median numbers would say about that, but I followed the market closely, and the numbers above are more accurate than any “published” numbers.
4)I remembered 1990 (I lost a bit on a house then). Uncanny how people my age (45) don’t remember very clearly what happened then. I sold a house in ’02 right before I bought the one in CV, and we actually considered not getting back into the market then, thinking prices were out of whack. Who knew prices would nearly double again! When we sold in ’04, we were going to move down to a smaller house, but decided to stay out of the market this time. Piggington’s was a staple of the voluminous and wide-ranging research I was doing at the time in trying to decide whether to buy or wait.
5)Yes.
6,7)N/A